After recently hitting new highs, it was a bit of a bump as the golf portfolio fell back down to earth this weekend. Between them, we backed a fair old number of golfers, but only one – Weekly Golf Value’s 250/1 shot Trey Mullinax – was able to finish in the frame for a return.
It doesn’t feel as if there have been too many weeks like this one since the turn of the year. When I look at my collective maximum drawdown figure to date, it represents just over 12% of the betting bank, which in a sport like golf feels quite remarkable. Golf Insider has, so far anyway, not had the best of years, but even the drawdown I’ve suffered here is a relatively unremarkable 45% of the bank allocated to it (nb to my personal figures).
We think of golf as being a betting medium that provides huge swings (no pun intended), and which fits the old cliche of being a rollercoaster ride for those that bet on it. But taken as a whole this has not been my experience so far this year. There’s time yet of course, and I sincerely hope I’m not tempting fate with these words. Who knows, perhaps this weekend is the start of a new, deep drawdown.
Let’s hope not.
Golf Insider (200pt bank): Staked 277pts, -72.944pts, roi -26.33%, roc -36.47%, High 14.35pts, CDD: -87.294pts, Max DD: -90.494pts
PGA Profit (500): Staked 652.5pts, +266.57pts, roi 40.85%, roc 53.31%, High +285.07pts, CDD: -18.5pts, Max DD: -115.77pts
PGA Profit Europe (500): Staked 57pts, +55.027pts, roi 96.53%, roc 11%, High 75.027pts, CDD: -20pts, Max DD: -20pts
Weekly Golf Value (2,000): 5,100pts, +1,680.48pts, roi 32.95%, roc 84.02%, High 1,928.81pts, CDD: -248.33pts, Max DD: -461.8pts
Golf Totals: ROI 24.78%, ROC 48.97%.
*ROI – Return On investment, ROC – Return On Capital (ie. bank growth), CDD – Current Drawdown, Max DD – Maximum Drawdown
